Luxembourg Newswire (Page 8)

Comprehensive Real-Time News Feed for Luxembourg. (Page 8)

Results 141 - 160 of 1,853 in Luxembourg

  1. [Opinion] The unlearned lesson of LuxLeaksRead the original story w/Photo

    Dec 15, 2014 | EUobserver

    Now that even Disney is named among the hundreds of companies that used Luxembourg to create magically low tax bills, the impression of a broken international tax system is becoming clearer and clearer. But, judging from the political response to the first leak a month ago, we are nowhere near having learned the lesson that should be learned: to fix the tax system we need corporate transparency.

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  2. Ex-PwC Auditor Charged in Leaks of Luxembourg Tax CasesRead the original story

    Dec 15, 2014 | Bloomberg

    The revelation of thousands of pages of leaked secret tax deals with companies from around the world has shaken Luxembourg and Jean-Claude Juncker, the nation's former prime minister who is now president of the European Commission.

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  3. RINA Expands Into CanadaRead the original story w/Photo

    Dec 15, 2014 | Marine News

    ... yesterday in London. The flagship Korean Register authorized to deliver statutory services to Grand-Duchy of Luxembourg Korean Register (KR), an IACS member classification society, announces The International Association of Classification Societies ...

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  4. New 'LuxLeaks' release drags Disney,...Read the original story w/Photo

    Dec 9, 2014 | Bangkok Post

    Dozens of companies including Microsoft, Disney and Koch Industries were dragged into the Luxembourg tax avoidance "LuxLeaks" scandal with the release of new documents by investigative journalists. The revelations increase pressure on former prime minister Jean-Claude Juncker over Luxembourg's tax policies during his 19 years in office, and come on the eve of his swearing-in as president of the European Commission.

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  5. New Luxembourg leaks reveal Disney, Koch Industries tax dealsRead the original story w/Photo

    Dec 9, 2014 | Reuters

    Tax deals that entertainment firm Walt Disney Co, commodities group Koch Industries and others agreed with the Luxembourg authorities were revealed on Tuesday by the International Consortium of Investigative Journalists . The ICIJ said the two companies engaged in complex restructurings and channeled hundreds of millions of dollars in profits between 2009 and 2013 through Luxembourg subsidiaries that enjoyed tax rates of less than 1 percent.

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  6. Luxembourg says disclosing tax rulings to other statesRead the original story w/Photo

    Dec 9, 2014 | HawaiiNews

    Luxembourg is giving details of its tax deals with foreign firms to governments that ask for them, its finance ministry said on Tuesday, addressing critics of its role in helping companies avoid taxes on a global scale. In a statement issued after a Belgian minister revealed he was expecting data next month, the ministry said it had always been willing to share such information, despite a current court battle with the European Union over the grand duchy's refusal to release tax files to EU antitrust investigators.

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  7. EU reveals 1.3tn euros Juncker plan 'wish list' : December 09, 2014,Read the original story w/Photo

    Dec 9, 2014 | Daily Times

    ... which will swell to 16 billion euros in the form of guarantees. It also includes five billion euros from the Luxembourg-based EIB. Leaders of the 28-nation EU must approve the plan at a summit in December, and are expected to fight for their pet ...

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  8. Time for the EU to tackle Luxembourg over taxRead the original story w/Photo

    Dec 9, 2014 | Business News

    Kevin Nicholson, head of tax at PricewaterhouseCoopers , and Fearghus Carruthers, head of tax at FTSE 100 group Shire , looked suitably ridiculous as they tried to argue that the appeal of Luxembourg is not all about reducing a company's tax bill. The former quibbled over the use of terms such as "schemes" and "mass marketed" to describe tax plans for hundreds of clients that have a common theme of structuring inter-company loans through the grand duchy.

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  9. PwC accused of 'lies' over mass sales of Luxembourg tax dodgesRead the original story w/Photo

    Dec 8, 2014 | The Independent

    'It is very hard for me not to see that this is anything other than a mass-marketed tax avoidance scheme,' said a furious Margaret Hodge MPs have accused the head of tax at PwC of "lying" over what they said was the accounting firm's mass marketing of Luxembourg-based tax avoidance schemes, during angry exchanges at the Commons Public Accounts Committee yesterday. Members had recalled Kevin Nicholson in the wake of the leak of thousands of documents detailing deals done by more than 340 multi-national companies with the tiny European state.

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  10. Tax avoidance 'on industrial scale'Read the original story w/Photo

    Dec 8, 2014 | Gazette Series

    One of the UK's biggest accountancy firms has been accused by a senior MP of selling tax avoidance for clients on an "industrial scale" through deals set up in Luxembourg. The chairman of the Commons Public Accounts Committee Margaret Hodge accused Kevin Nicholson, the UK head of tax at PricewaterhouseCoopers , of having "lied" when he previously said the firm did not "mass market" tax avoidance schemes.

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  11. PwC and Shire to face Margaret Hodge over tax avoidance in Public Accounts Committee showdownRead the original story w/Photo

    Dec 8, 2014 | This Is London

    The accountant PricewaterhouseCoopers and drugs giant Shire are due face a tense parliamentary showdown over tax avoidance with an angered Margaret Hodge today. PwC's head of tax, Kevin Nicholson, was summoned to face Ms Hodge's powerful Public Accounts Committee following reports last month that multinational corporations advised by PwC Luxembourg had saved millions in tax by channelling money through the grand duchy.

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  12. Juncker's sound of silenceRead the original story

    Dec 8, 2014 | New Vision

    The new European Commission President Jean-Claude Juncker had barely moved into his new office when his telephone began ringing off the hook. Juncker knew who was calling: journalists around the world were seeking answers regarding the revelations, made by the International Consortium of Investigative Journalists and its media partners, that Luxembourg's government under Juncker had struck a series of tax-avoidance deals with multinational corporations at the expense of ordinary taxpayers.

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  13. [Agenda] EU commissioners sworn in this WEEKRead the original story w/Photo

    Dec 8, 2014 | EUobserver

    ... starting in January. On Wednesday, commission president Jean-Claude Juncker and all the EU commissioners head to Luxembourg where they will be sworn in by the European Court of Justice. Other top EU officials, including EU foreign policy chief ...

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  14. Centralized control devastated Europe, now it threatens U.S.Read the original story w/Photo

    Dec 5, 2014 | Washington Examiner

    ... direction, grabbing more and more authority for the center. The new president of the European Commission, Luxembourg's Jean-Claude Juncker, wants tax harmonization, debt pooling and a continent-wide minimum wage - as well, naturally, as a single ...

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  15. Margaret Hodge to grill PwC and Shire over tax avoidance in Public Accounts CommitteeRead the original story w/Photo

    Dec 7, 2014 | The Independent

    ... powerful Public Accounts Committee following reports last month that multinational corporations advised by PwC Luxembourg had saved millions in tax by channelling money through the grand duchy. The affair has threatened to undermine the European ...

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  16. 'A profound experience': Leir Luxembourg Program alumni reunite on campusRead the original story w/Photo

    Dec 5, 2014 | The Scarlet

    Uwe Gertz expected perhaps 80 to 100 attendees at the reunion of the Henry J. Leir Luxembourg Program-Clark University on Nov. 1. But the turnout exceeded all expectations, necessitating a change of venue from Dana Commons to the Higgins University Center to accommodate more than 160 people - one of them traveling from London - for an evening of celebration and reminiscences. The event included a reception and a dinner in Tilton Hall, a panel discussion, and an address by The Honorable Jean-Paul Senninger, the secretary general of Luxembourg's Council of Ministries and the former ambassador to the United States.

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  17. Cameron's European problems come to a headRead the original story w/Photo

    Dec 5, 2014 | The New Zealand Herald

    ... in its ranks. But there is no love lost between Cameron and Barroso's successor, the blunt-speaking former Luxembourg Prime Minister Jean-Claude Juncker. Cameron tried to block Juncker from getting the job, saying he was too federalist at a time ...

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  18. EU parliament delves into LuxLeaks scandalRead the original story w/Photo

    Dec 4, 2014 | West Australian

    The European parliament ordered reports delving into tax evasion Thursday, a contentious topic after the "Luxleaks" scandal that has embroiled EU commission head and former Luxembourg premier Jean-Claude Juncker. A journalistic investigation using thousands of leaked files revealed last month that Luxembourg allowed hundreds of top companies to enjoy tax breaks while Juncker was prime minister.

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  19. John Major's important EU warningRead the original story w/Photo

    Dec 3, 2014 | Worcester News

    ... as a tax haven. Mr Juncker has faced calls to resign the EU's presidency over concessions given for tax deals in Luxembourg during the 18 years he was P.M. Mr Juncker denies this saying there is nothing in his past indicating that his intentions ...

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  20. Pro-Juncker coalition blocks committee of inquiry on LuxleaksRead the original story w/Photo

    Mar 12, 2014 | EurActiv.com

    ... to disagree over how to respond to the revelations of systematic tax evasion by numerous multinationals based in Luxembourg. The Commission has announced new legislative initiatives to fight tax evasion, but the measures available to the European ...

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